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Astrotech (Astrotech) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)


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What is Astrotech LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Astrotech's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

Astrotech's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.00). It may suggest that Astrotech is progressively becoming less dependent on debt to grow their business.

Astrotech LT-Debt-to-Total-Asset Historical Data

The historical data trend for Astrotech's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Astrotech LT-Debt-to-Total-Asset Chart

Astrotech Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.16 - 0.01 0.01

Astrotech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

Astrotech LT-Debt-to-Total-Asset Calculation

Astrotech's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=0.291/47.675
=0.01

Astrotech's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=0.092/40.203
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Astrotech  (NAS:ASTC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Astrotech LT-Debt-to-Total-Asset Related Terms

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Astrotech (Astrotech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astrotech Corp (NAS:ASTC) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
SP5:Germany
Address
2105 Donley Drive, Suite 100, Austin, TX, USA, 78758
Website
https://www.astrotechcorp.com
Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.
Executives
Robert N Mcfarland director C/O EZENIA, INC., 14 CELINA AVE, SUITE 17-18, NASHUA NH 03063
Russler Daniel T Jr director 2105 DONLEY DRIVE, SUITE 100, AUSTIN TX 78758
James Frank Becker director 283 HEMLOCK LANE, WEST CHICAGO IL 60185
Jaime Hinojosa officer: CFO 2028 E BEN WHITE BLVD STE 240-9530, AUSTIN TX 78741
Braden Michael Leonard 10 percent owner 156 S. FIRST STREET, ZIONSVILLE IN 46077
Thomas Wiley Wilkinson director 3 COLERIDGE LANE, AUSTIN TX 78746
Winn Interests, Ltd. 10 percent owner 800 N. SHORELINE, 1900 N. TOWER, CORPUS CHRISTI TX 78401
Mark Adams director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
William F Readdy director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Ronald W Cantwell director 250 PARK AVE, SUITE 2020, NEW YORK NY 10017
Michael R. Humphrey director 401 CONGRESS AVE., SUITE 1650, AUSTIN TX 78701
Eric Stober officer: Chief Financial Officer 201 W. 5TH STREET, SUITE 1275, AUSTIN TX 78701
Pickens Thomas Boone Iii director, 10 percent owner, officer: Chief Executive Officer 12130 HIGHWAY 3, BLDG. 1, WEBSTER TX 77598
Sha-chelle Manning director 907 GEMINI STREET, HOUSTON TX 77058
Rajesh K Mellacheruvu officer: Chief Operating Officer 401 CONGRESS AVE, SUITE 1650, AUSTIN TX 78701